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CenterPoint Energy Inc Q3 adjusted earnings Miss Estimates

CenterPoint Energy Inc (CNP) released earnings for third quarter that declined from last year.

The company's bottom line totaled $153 million, or $0.35 per share. This compares with $169 million, or $0.39 per share, in last year's third quarter.

Excluding items, CenterPoint Energy Inc reported adjusted earnings of $170 million or $0.39 per share for the period.

Analysts had expected the company to earn $0.42 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 5.2% to $2.21 billion from $2.10 billion last year.

CenterPoint Energy Inc earnings at a glance:

-Earnings (Q3): $170 Mln. vs. $167 Mln. last year.
-EPS (Q3): $0.39 vs. $0.38 last year.
-Analysts Estimate: $0.42
-Revenue (Q3): $2.21 Bln vs. $2.10 Bln last year.

-Guidance:
Full year EPS guidance: $1.50 - $1.60

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